Submitted By: Edwin R. Carreras Rivera
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Presentation By: Roberto Ellis
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Department: Growth Management
FORMAL TITLE:
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East Ocala Community Redevelopment Area Residential Property Improvement Grant for property located at 414 NE Seventh Terrace, in an amount not to exceed $17,208
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OCALA'S RELEVANT STRATEGIC GOALS:
Quality of Place
PROOF OF PUBLICATION:
N/A
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BACKGROUND:
Program Objective: The East Ocala Community Redevelopment Area (CRA) Residential Property Improvement Grant is designed to incentivize reinvestment in aging structures, address blight conditions, and enhance livability and taxable value. Funding is provided through the CRA trust fund consistent with the adopted CRA Plan and Florida Statutes (Chapter 163, Part III).
Project Summary:
Grant ID: CRA26-0011
Applicant: JFG Properties LLC
Applicant Representative: Joyce Gamache
Address: 414 NE Seventh Terrace
Parcel ID: 2826-016-003
Scope of Work: The proposed project involves replacing the windows and perimeter fence.
Quote(s): Low Quote(s): $22,943.42 High Quote(s): $29,314.68
Recommended Grant Amount: $17,208
Property Information: This is an 1,173 square foot, two-bedroom, one-bath single-family residence built in 1938. The home sits on a 0.11-acre parcel. The owners acquired the home in September 2006 and have completed some improvements independently. Property taxes are current and fully paid.
Maximum Grant Amount: $20,000, covering up to 75 percent of project costs and 50 percent of roofing improvements. The attached grant framework outlines the elements of eligible work.
FINDINGS AND CONCLUSIONS:
Eligibility Review: Staff verified the property's location within the CRA, compliance with the program guide, and confirmed that work will begin after approval. The scope addresses conditions of slum and blight in an area with a high share of aging housing stock and substandard structures, improving livability, visual quality, and economic development ...
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